Japanese automakers and power companies plan to work together to bring their electric-vehicle-charging technology to overseas markets, seeking to speed up the adoption of technology needed to spark demand for electric cars.
Toyota Motor Corp., Nissan Motor Co., Mitsubishi Motors Corp., Fuji Heavy Industries Ltd. (parent of Subaru) and Tokyo Electric Power Co. have set up an association to promote the use of their jointly developed quick-charging technology.
The companies aim to make the technology the de facto global standard by promoting its use in markets in which they plan to roll out plug-in vehicles.
"Our main activity will be to standardize chargers overseas," said Tokyo Electric Power Chairman Tsunehisa Katsumata, who heads the new group, speaking at a meeting open to the media on Monday.
An additional 158 business entities and government bodies, including 20 foreign companies such as Robert Bosch GmbH of Germany, PSA Peugeot Citroen SA of France and Korea Electric Power Corp., are expected to become members of the association.
The group is called CHAdeMO, which is derived from the words "charge" and "move." The association's logo is pictured here.
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Tags: Batteries, Energy Companies, Fuji Heavy Industries, Japan, Mitsubishi, Nissan, Plug-ins and Electric, Subaru, Toyota, Chargers, Fuji Heavy Industries Ltd., Leaf, Mitsubishi Motors Corp., Nissan Motor Co., Plug-in Vehicles, Toyota Motor Corp., Zero-Emissions
Japanese Automakers, Others to Send EV-Charging Technology to Foreign Markets was originally published by Green Car Advisor. Read the full story by clicking here.